Thursday, November 5, 2015

System Hopping

I change my trading methodology frequently. I was doing discretionary trading in the October series. Now, I am trading the November series mechanically.

Whenever I trade a system, I hope that it will work out well, and for a long time. But soon, I get disillusioned and change my trading method.... mostly because of a losing streak, but many times simply because I don't like system behavior in further back tests and scenario tests.

At this point, I really don't care about the systems, as long as certain criteria are met. And the criteria itself is not well defined. However, from the top my head....
  1. Profitable
  2. High rate of growth of capital
  3. Small drawdowns
  4. Peace of mind/Less screen time
As long as I make money, hopefully fast and with low risk...

I have posted thoughts related to criteria in my Bakwaas Trading thread on Traderji.

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